Last visit was: 20 Nov 2025, 00:25 It is currently 20 Nov 2025, 00:25
Close
GMAT Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Close
Request Expert Reply
Confirm Cancel
User avatar
Praetorian
Joined: 15 Aug 2003
Last visit: 27 Dec 2017
Posts: 2,868
Own Kudos:
1,705
 [1]
Given Kudos: 781
Posts: 2,868
Kudos: 1,705
 [1]
1
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
cbrf3
Joined: 05 Feb 2004
Last visit: 22 Oct 2006
Posts: 187
Own Kudos:
Location: USA
Posts: 187
Kudos: 41
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
Praetorian
Joined: 15 Aug 2003
Last visit: 27 Dec 2017
Posts: 2,868
Own Kudos:
Given Kudos: 781
Posts: 2,868
Kudos: 1,705
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
Dharmin
Joined: 06 Dec 2003
Last visit: 26 Apr 2005
Posts: 209
Own Kudos:
Location: India
Posts: 209
Kudos: 32
Kudos
Add Kudos
Bookmarks
Bookmark this Post
14 mins
(1) B
(2) A
(3) E - Took maximum time
(4) D
(5) B
(6) A

Dharmin
User avatar
Makky07
Joined: 23 Sep 2003
Last visit: 03 Dec 2004
Posts: 192
Own Kudos:
Location: US
Posts: 192
Kudos: 29
Kudos
Add Kudos
Bookmarks
Bookmark this Post
11 mins

1) B
2) A
3) E
4) D - what about A?
5) B
6) A
avatar
new1975
Joined: 21 May 2003
Last visit: 11 Dec 2005
Posts: 18
Own Kudos:
Posts: 18
Kudos: 3
Kudos
Add Kudos
Bookmarks
Bookmark this Post
7 min...

1 b
2 a
3 c
4 a
5 b
6 c
avatar
new1975
Joined: 21 May 2003
Last visit: 11 Dec 2005
Posts: 18
Own Kudos:
Posts: 18
Kudos: 3
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Answers for this RC ???
avatar
new1975
Joined: 21 May 2003
Last visit: 11 Dec 2005
Posts: 18
Own Kudos:
Posts: 18
Kudos: 3
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Preat...

do you have answers for this RC ?

regards,
new1975
User avatar
Praetorian
Joined: 15 Aug 2003
Last visit: 27 Dec 2017
Posts: 2,868
Own Kudos:
Given Kudos: 781
Posts: 2,868
Kudos: 1,705
Kudos
Add Kudos
Bookmarks
Bookmark this Post
sorry new...i will be back with the answers right away :oops:
User avatar
kpadma
Joined: 03 Jul 2003
Last visit: 20 Oct 2004
Posts: 380
Own Kudos:
Posts: 380
Kudos: 533
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Debasement of currency was as prevalent in antiquity as it is now.
Interesting to learn that the governments all over the world and all along
procticed monetory debasement.

Anyone want to guess what would a dollar buy in another ten years?
User avatar
Praetorian
Joined: 15 Aug 2003
Last visit: 27 Dec 2017
Posts: 2,868
Own Kudos:
Given Kudos: 781
Posts: 2,868
Kudos: 1,705
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Quote:
Passage 6
In the eighteenth century, Japan's feudal
overlords, from the shogun to the humblest
samurai, found themselves under financial
stress. In part, this stress can be attributed to
(5) the overlords' failure to adjust to a rapidly ex-
panding economy, but the stress was also due to
factors beyond the overlords' control. Concen-
tration of the samurai in castle-towns had acted
as a stimulus to trade. Commercial efficiency, in
(10) turn, had put temptations in the way of buyers.
Since most samurai had been reduced to idleness
by years of peace, encouraged to engage in
scholarship and martial exercises or to perform
administrative tasks that took little time, it is
(15) not surprising that their tastes and habits grew
expensive. Overlords' income, despite the in-
crease in rice production among their tenant
farmers, failed to keep pace with their expenses.
Although shortfalls in overlords' income re-
(20) sulted almost as much from laxity among their
tax collectors (the nearly inevitable outcome of
hereditary officeholding) as from their higher
standards of living, a misfortune like a fire or
flood, bringing an increase in expenses or a drop
(25) in revenue, could put a domain in debt to the
city rice-brokers who handled its finances. Once
in debt, neither the individual samurai nor the
shogun himself found it easy to recover.
It was difficult for individual samurai over-
(30) lords to increase their income because the
amount of rice that farmers could be made to
pay in taxes was not unlimited, and since the in-
come of Japan's central government consisted in
part of taxes collected by the shogun from his
(35) huge domain, the government too was con-
strained. Therefore, the Tokugawa shoguns
began to look to other sources for revenue.
Cash profits from government-owned mines
were already on the decline because the most
(40) easily worked deposits of silver and gold had
been exhausted, although debasement of the
coinage had compensated for the loss. Opening
up new farmland was a possibility, but most of
what was suitable had already been exploited
(45) and further reclamation was technically unfeasi-
ble. Direct taxation of the samurai themselves
would be politically dangerous. This left the
shoguns only commerce as a potential source of
government income.
(50) Most of the country's wealth, or so it seemed,
was finding its way into the hands of city mer-
chants. It appeared reasonable that they should
contribute part of that revenue to ease the
shogun's burden of financing the state. A means
(55) of obtaining such revenue was soon found by
levying forced ioans, known as goyo-kin;
although these were not taxes in the strict sense,
since they were irregular in timing and arbitrary
in amount, they were high in yield. Unfortunately,
(60) they pushed up prices. Thus, regrettably, the
Tokugawa shoguns' search for solvency for the
government made it increasingly difficult for
individual Japanese who lived on fixed stipends
to make ends meet.

Quote:
1. Which of the following best describes the attitude of
the author toward the samurai discussed in lines
11-16?
(A) Warmly approving
(B) Mildly sympathetic
(C) Bitterly disappointed
(D) Harshly disdainful
(E) Profoundly shocked

Answer: B

Quote:
2. According to the passage, the major reason for the
financial problems experienced by Japan's feudal
overlords in the eighteenth century was that
(A) spending had outdistanced income
(B) trade had fallen off
(C) profits from mining had declined
(D) the coinage had been sharply debased
(E) the samurai had concentrated in castle-towns

Answer: A

Quote:
3.The passage implies that individual samurai did not
find it easy to recover from debt for which of the
following reasons?
(A) Agricultural production had increased.
(B) Taxes were irregular in timing and arbitrary in
amount.
(C) The Japanese government had failed to adjust to
the needs of a changing economy.
(D) The domains of samurai overlords were
becoming smaller and poorer as government
revenues increased.
(E) There was a limit to the amount in taxes that
farmers could be made to pay.

Answer: E

Quote:
4. Which of the following could best be substituted
for the word "This " in line 47 without changing the
meaning of the passage?
(A) The search of Japan's Tokugawa shoguns for
solvency
(B) The importance of commerce in feudal Japan
(C) The unfairness of the tax structure in eighteenth-
century Japan
(D) The difficulty of increasing government income by
other means
(E) The difficulty experienced by both individual
samurai and the shogun himself in extricating
themselves from debt

Answer: D

Quote:
5. The passage implies that which of the following was
the primary reason why the Tokugawa shoguns
turned to city merchants for help in financing the
state?
(A) A series of costly wars had depleted the national
treasury.
(B) Most of the country's wealth appeared to be in
city merchants' hands.
(C) Japan had suffered a series of economic
reversals due to natural disasters such as
floods.
(D) The merchants were already heavily indebted to
the shoguns.
(E) Further reclamation of land would not have been
economically advantageous.

Answer: B


Quote:
6. According to the passage, the actions of the Tokugawa
shoguns in their search for solvency for the government
were regrettable because those actions
(A) raised the cost of living by pushing up prices
(B) resulted in the exhaustion of the most easily
worked deposits of silver and gold
(C) were far lower in yield than had originally been
anticipated
(D) did not succeed in reducing government spending
(E) acted as a deterrent to trade


Answer : A
User avatar
anandnk
Joined: 30 Oct 2003
Last visit: 30 Nov 2013
Posts: 895
Own Kudos:
Location: NewJersey USA
Posts: 895
Kudos: 411
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Took 8 minutes. I am a little late for this I guess

1)B
2)A
3)E
4)D
5)B
6)A
User avatar
batliwala
Joined: 19 Feb 2004
Last visit: 23 Feb 2005
Posts: 283
Own Kudos:
Location: Lungi
Posts: 283
Kudos: 1,128
Kudos
Add Kudos
Bookmarks
Bookmark this Post
9 minutes.

1)B
2)A
3)E
4)D
5)B
6)A
avatar
new1975
Joined: 21 May 2003
Last visit: 11 Dec 2005
Posts: 18
Own Kudos:
Posts: 18
Kudos: 3
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Preat...

Thanks for the answers... looks like everyone except me got all right :(.
User avatar
Skeletor
Joined: 09 Mar 2004
Last visit: 09 Jul 2004
Posts: 25
Own Kudos:
Location: Bombay
Posts: 25
Kudos: 2
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Why is the first answer not A? :roll:
User avatar
Dharmin
Joined: 06 Dec 2003
Last visit: 26 Apr 2005
Posts: 209
Own Kudos:
Location: India
Posts: 209
Kudos: 32
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Skeletor
Why is the first answer not A? :roll:


Skeletor, Please read following sentences from the stem - para:

Since most samurai had been reduced to idleness
by years of peace, encouraged to engage in
scholarship and martial exercises or to perform
administrative tasks that took little time, it is
(15) not surprising that their tastes and habits grew
expensive.

It can not be "approving" because, SAMURAI has main task to fight and due to idleness they encouraged to engage in some another activity, which do not fit to the role samurai ideally has.
So it can be sympathy rather than approval

Any other views,
Dharmin

--== Message from the GMAT Club Team ==--

THERE IS LIKELY A BETTER DISCUSSION OF THIS EXACT QUESTION.
This discussion does not meet community quality standards. It has been retired.


If you would like to discuss this question please re-post it in the respective forum. Thank you!

To review the GMAT Club's Forums Posting Guidelines, please follow these links: Quantitative | Verbal Please note - we may remove posts that do not follow our posting guidelines. Thank you.
User avatar
VerbalBot
User avatar
Non-Human User
Joined: 01 Oct 2013
Last visit: 04 Jan 2021
Posts: 18,832
Own Kudos:
Posts: 18,832
Kudos: 986
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Hello from the GMAT Club VerbalBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.

Archived Topic
Hi there,
This topic has been closed and archived due to inactivity or violation of community quality standards. No more replies are possible here.
Where to now? Join ongoing discussions on thousands of quality questions in our Reading Comprehension (RC) Forum
Still interested in this question? Check out the "Best Topics" block above for a better discussion on this exact question, as well as several more related questions.
Thank you for understanding, and happy exploring!
Moderators:
GMAT Club Verbal Expert
7443 posts
GMAT Club Verbal Expert
231 posts
GRE Forum Moderator
17304 posts
189 posts